Latest ABS news

  • Blockchain company hires ABS veteran

    Blockchain and cryptocurrency company AlphaPoint has brought on a securitization industry veteran to advance the firm’s push into asset-backed finance markets.

    • 16 Aug 2018
  • KKR, Schroders partner with Neos on SME lending fund

    The Dutch Growth Joint Venture, controlled by direct lender Neos, closed for a targeted €1bn, with investment firm KKR as the principal investor.

    • 16 Aug 2018
  • Northcross launches two new repo conduits

    Northcross Capital, the specialist manager that sponsors the Anglesea Funding asset backed commercial paper (ABCP) conduit, launched two of the first new ABCP vehicles structured seen in years: Glencove Funding and Longship Funding.

    • 16 Aug 2018
  • Foreign autos fashion single tranche trades in China ABS

    Geely and BNP Paribas’s auto finance joint venture hit the Chinese securitization market with a bang this week, as domestic investors oversubscribed for its single tranche sale by three times. The deal came a week before Mercedes is scheduled to launch a similarly structured transaction, its first in China this year.

    • 16 Aug 2018
  • Diamond prices bigger timeshare securitization

    Diamond Resorts came to market on Wednesday with its first ABS offering of 2018, increasing the size of the deal at pricing by $100m.

    • 15 Aug 2018
  • Foreign auto names switch gear to single tranche ABS

    Geely and BNP Paribas’s auto finance joint venture hit the Chinese securitization market with a bang on Tuesday, as domestic investors oversubscribed its single tranche sale by three times. The deal came a week before Mercedes is scheduled to launch a similarly structured transaction, which will be its first in China this year.

    • 15 Aug 2018
  • Are shifting consumer habits squeezing structured finance?

    As Americans across generations, and specifically younger cohorts, delay major life events such as marriage, rent their homes over owning them, shun office life and generally upend the behaviors that defined past generations, the engines that drive US structured finance have slowed. GlobalCapital investigates.

    • 14 Aug 2018
  • Payment receivables ABS give Turkish banks lifeline

    Diversified payment receivables securitizations, a deal structure used extensively by Turkey’s big banks, could be a vital route to help these institutions access more hard currency term funding as the crisis in the country deepens. But these deals have increasingly relied on development institutions in recent years, rather than private demand.

    • 14 Aug 2018
  • Diamond Resorts set to issue timeshare ABS

    Diamond Resorts is issuing a $300m securitization backed by timeshare loans.

    • 13 Aug 2018
  • GlobalCapital SRI Awards 2018: the nominations

    The nominations for GlobalCapital's Sustainable and Responsible Capital Markets Awards 2018 have been revealed, as a result of our worldwide market poll, conducted in July.

    • 11 Aug 2018

ABS news archive

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.59%
2 Bank of America Merrill Lynch 66,338.04 186 9.46%
3 Wells Fargo Securities 56,344.19 164 8.03%
4 JPMorgan 53,381.65 156 7.61%
5 Credit Suisse 44,872.46 115 6.40%